U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years

[Anonymous]

Yes, rents are rising. they also fell when people left the cities in droves in 2020. They are coming back so the rents are adjusting. They are not more expensive than in 2019 though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:They were wrong. Biden isn't Carter. He's Reagan.

You just shot yourself in the foot.

Reagan was famous for proactively combatting inflation. He came into office in a period of stubbornly high inflation and one that was already steadily worsening. He promised to tackle it, and he did. Sharp increases in interest rates and led to a short if painful recession in the early 1980s. But once inflation was brought under control, the American economy took off.

There's a distinct reason why Carter is associated with inflation and Reagan is not.

No kidding. Love those headlines these companies put in their tweets to fool the rubes.

I am betting pp wasn't alive during the Carter years. It was horrible. And, Biden is going to surpass that if he keeps spending.

[Anonymous]

Anonymous wrote:I know. Let's fix the problem by giving everyone a little extra money to spend. That'll do it!

Great idea! Quit your job, refuse to take minimum wagevwork and get free money!!

[Anonymous]

Anonymous wrote:They were wrong. Biden isn't Carter. He's Reagan.

Nah.

[Anonymous]

All is well, it’s really just a messaging problem.

[Anonymous]

Anonymous wrote:Can't wait til we hit 1975 levels. Ahhh, the good ole days.

You won’t have to wait long. Probably May or June.

[Anonymous]

“Never underestimate Joe’s ability to f**k things up.”

- B. Obama

[Anonymous]

Anonymous wrote:Yes, rents are rising. they also fell when people left the cities in droves in 2020. They are coming back so the rents are adjusting. They are not more expensive than in 2019 though.

Rent is a supply and demand problem. It is really hard to find places to rent in many cities.

[Anonymous]

Inflation is in line — market was pricing much higher.

I know because my market hedge got blown up today

This a expected print with future inflation to decelerate

[Anonymous]

Anonymous wrote:

Anonymous wrote:I know. Let's fix the problem by giving everyone a little extra money to spend. That'll do it!

Great idea! Quit your job, refuse to take minimum wagevwork and get free money!!

Where can you live on minimum wage?! Besides mom’s and dad’s house…

[Anonymous]

No worries. We can solve any economic problems by printing all money.

[Anonymous]

Anonymous wrote:Inflation is in line — market was pricing much higher.

I know because my market hedge got blown up today

This a expected print with future inflation to decelerate

I wish I knew what any of this meant.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Inflation is in line — market was pricing much higher.

I know because my market hedge got blown up today

This a expected print with future inflation to decelerate

I wish I knew what any of this meant.

I think it's a kid using autocorrect to make a word soup.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Can't wait til we hit 1975 levels. Ahhh, the good ole days.

You won’t have to wait long. Probably May or June.

I was thinking as soon as March or April.

[Anonymous]

You mean Manchin was right all along?

I'm so glad this happened BEFORE they passed Build Back Better. There is no excuse for this reckless inflationary spending and free giveaways.